TAMAN PERDANA (CASA PERDANA) in Seberang Perai Selatan, Penang recorded 14 subsale transactions in 2023, with a median price of RM 513K and a median price per square foot (PSF) of RM 318.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 513K, with most transactions falling within a stable range of RM 496K to RM 488K, and a typical market range of RM 438K to RM 488K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 318, with most transactions between RM 316 and RM 320. The usual range is RM 272.50 to RM 363.50, showing that most units are priced quite close to each other. With an IQR of RM 91.00 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
